Many countries in Asia and the Pacific are well-suited to solar power initiatives, and incentives, and low-cost financing mechanisms should be made available to help the region make the transition possible, Asian Development Bank (ADB) President Haruhiko Kuroda has said.
Mercom Capital Group, llc has released its merger and acquisition (M&A) and funding activity results for solar energy for the second quarter (Q2) of this year. The results show that investment figures are higher than the first quarter (Q1). ?
The Solar Impulse HB-SIA solar plane has successfully completed its first night flight, thus leading the way for the company to explore human and technological limits further. The achievement, says the company, has marked a milestone in solar aviation history.
JA Solar Holdings Co., Ltd. has entered into supply agreements with Solar-Fabrik AG. Under the terms of the agreements, JA Solar is expected to supply Solar-Fabrik with approximately 70 megawatts (MW) of photovoltaics (PV) products.
India has seen more than 300 percent growth in megawatt (MW) capacity for solar photovoltaics (PV) installations in the last two years.
The Sacramento Municipal Utility District (SMUD) has signed multiple 20-year power purchase agreements (PPAs) with Recurrent Energy for 60 megawatts (MW) of solar power to be developed in the southern portion of Sacramento County, the U.S. These are the first agreements to come out of the utilitys feed-in tariff program (FIT) introduced in January of this year.
Changes in incentive schemes and new regulations could see the total capacity of photovoltaics (PV) installations fall considerably in 2011, meaning new markets would have to pick up the shortfall. The news comes as IMS Research says that 14.6 gigawatts (GW) of new PV capacity will be added worldwide this year.
Germany’s Bundesrat upper house of parliament has agreed to a compromise proposal to slightly reduce the cuts for solar power incentives. The reductions will be implemented over a three month period.
U.S.-based Air Products is to build a 1.5 megawatt (MW), 12-acre solar farm at its corporate headquarters in Allentown, Pa. Construction is scheduled to begin this autumn and should be completed by next spring.
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